Residential Development Land
For Sale
Contact for pricing
3050 Edgehill Drive, Los Angeles, CA 90018
Clean residential development parcel with paving only, suitable for new construction with an established entitlement pathway.
Property Size8,006 SF
Price / SF$81.19
Days on Market50
Property Features for 3050 Edgehill Drive
General Information
Standard status
Active
Size
8,006 SF
Property subtype
Land
Zoning
R2-1XL
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1974
Listing Agency:
Marcus & Millichap - Los Angeles
(909) 456-3493
Listed By:
Iman Mossanen · License #CA 01978006
Source:
Crexi
Added: Jun 21
Changed: Aug 8
Last Checked: Jul 16 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
The offering is 3050 Edgehill Drive, an 8,006-square-foot residential development parcel delivered clean with paving only. There are no structures on-site, no tenants, and no relocation or Ellis Act exposure. Historically, the site has served as the dedicated parking lot for the adjacent restaurant building at 3125 W Jefferson Boulevard, and it can be evaluated as a standalone development opportunity or as part of a larger assemblage.
The property is located in the heart of Jefferson Park and is supported by a strong entitlement profile. The site is zoned R2-1XL with a Low Medium I Residential General Plan designation and sits within TOC Tier 3, a federal Opportunity Zone. It is also within the Los Angeles State Enterprise Zone, and it is located in AB 2097 and AB 2334 parking relief areas. A Housing Element rezoning designation applies with a ministerial approval pathway. Additionally, the parcel is approximately one half-mile from Expo/Crenshaw Station, where Metro E and K lines intersect.
For buyers and developers, the fully controlled, ready-to-design site condition and clear approval framework make this parcel practical for planning and entitlement-driven schedules. Its longstanding relationship to the adjacent corner provides flexibility to pursue separate or combined development concepts with the nearby commercial property.
The property is located in the heart of Jefferson Park and is supported by a strong entitlement profile. The site is zoned R2-1XL with a Low Medium I Residential General Plan designation and sits within TOC Tier 3, a federal Opportunity Zone. It is also within the Los Angeles State Enterprise Zone, and it is located in AB 2097 and AB 2334 parking relief areas. A Housing Element rezoning designation applies with a ministerial approval pathway. Additionally, the parcel is approximately one half-mile from Expo/Crenshaw Station, where Metro E and K lines intersect.
For buyers and developers, the fully controlled, ready-to-design site condition and clear approval framework make this parcel practical for planning and entitlement-driven schedules. Its longstanding relationship to the adjacent corner provides flexibility to pursue separate or combined development concepts with the nearby commercial property.
Key Highlights
- 8,006 SF residential development parcel delivered clean with paving only; no structures or tenants
- Historically used as the dedicated parking lot for the adjacent restaurant building at 3125 W Jefferson Blvd
- Zoned R2‑1XL with Low Medium I Residential General Plan and Housing Element rezoning designation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,308
Businesses Nearby
Explore this area
Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Clean residential development parcel with paving only, suitable for new construction with an established entitlement pathway.
Where is this residential land & home lot located?
The property is located at 3050 Edgehill Drive Los Angeles, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 8,006 SF residential development parcel delivered clean with paving only; no structures or tenants; Historically used as the dedicated parking lot for the adjacent restaurant building at 3125 W Jefferson Blvd; Zoned R2‑1XL with Low Medium I Residential General Plan and Housing Element rezoning designation
